moar stuffs

Question 1

Every country has a meeting culture that is based on the following (4):

Answer 1

1. Time perception- monochronic or polychronic
2. Spatial perception- individual conduct levels w/ physical contact and personal space
3. Non-verbal communication- eye contact and body language
4. Business etiquette- appropriate topics of conversation, whether or not you should present a gift, etc.

Question 2

What are the impact of culture in business?

Answer 2

• Influence on tariffs, legal regulations, and competition

- Failure to consider that influence could ruin a negotiation, derail a marketing campaign, and cause labour unrest

Question 3

How does culture has a direct impact on products?

Answer 3

Important factors to consider are climate and religions beliefs when entering a foreign market ex. no market for Canadian pork in Israel, as Jewish culture forbids eating pork

Question 4

How does culture has a direct impact on services?

Answer 4

Canada’s financial service industry has successfully entered foreign markets->

• attitudes towards money are often culturally determined, so Canadian banks in foreign countries must understand their client’s culture to meet their savings goals
• ex. Many Japanese families save specially-made kimonos for their daughters

Question 5

What is the Canadian government influenced by and how does it regulates the labour force?

Answer 5

Influenced by labour unions and cultural values
Regulates labour force by:
-providing minimum wage 
-mandate workplace safety
-prevents discrimination
-legislates holidays and hours of work

Question 6

What is the Canadian government influenced by and how does it regulates the labour force?

Answer 6

Influenced by labour unions and cultural values
Regulates labour force by:
-providing minimum wage 
-mandate workplace safety
-prevents discrimination
-legislates holidays and hours of work

Question 7

What are the differences that Canadian business people may encounter?

Answer 7

• child labour
• discrimination
• wages
• standards and practices
• indigenous cultures

Question 8

Members of different cultures perceive time in 1 or 2 ways…

Answer 8

Monochronic (time is seen as linear and sequential) and polychronic (time is seen as involving many things happening simultaneously with participation of many people-time is flexible and schedules are not primary importance)

Question 9

What do they mean by melting pot? How does it differ from the term mosaic?

Answer 9

Melting pot means a place where different people, styles, theories, etc are mixed together
-> term used by the US
Canada is a mosaic place where different people and cultures are embraced and distinctive

Question 10

Negative effects of globalization?

Answer 10

• lost Canadian jobs
• fear of job loss
• loss of Canadian productivity
• increased pollution
• exploitation of cheap labour
• unhealthy products
• spread of disease
• increase in the income gap
• influence of multinational corporations on gov’ts

Question 11

Positive effects of globalization?

Answer 11

• outsourcing
• lower prices
• improved human rights
• increased productivity
• innovation
• better jobs
• increased capital flow

Question 12

What are some of the problems with Canadian health care system?

Answer 12

Prescriptions are overpriced, “merry-go-round of blame shifting”, lack of business management, aging baby boomers bankrupting system, customers unhappy with services in health care system